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Premium: Strides Crash, Suven Disengages and It's a Sea of Portfolio Red

Strides Arcolab is down 10%. On the news that it has settled the Mylan outstanding (expected to be $250 million) for a final settlement of $150 million. Mylan bought the Agila division of Strides last year and had kept $250m pending as against potential issues with FDA on a plant that was issued a warning. It seems that has been reduced to $150 million. This is lower but we think it's . . .

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